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U.S. investment fund KKR & Co. is expected to buy Hitachi Ltd.’s power tool manufacturing subsidiary for more than ¥150 billion ($1.3 billion), sources said Wednesday. The global investment firm holds the priority negotiation rights over the acquisition of Hitachi Koki Co. and an agreement could be reached as early ...

Japan’s industrial output rose 1.5 percent in November from the previous month, boosted by growth in electronics and automotive parts, the government said Wednesday, upgrading its assessment for the first time since August. The Ministry of Economy, Trade and Industry said industrial production shows signs of increasing. The assessment was ...

Carrie Fisher, who rose to fame as Princess Leia in the "Star Wars" films and later endured drug addiction and stormy romances, has died at age 60 following a recent cardiac episode. Se was internationally known for her role as Princess Leia. The Star Wars star suffered a cardiac episode on a ...

The amateur hijacking of a Libyan plane on 23 December was followed by an equally amateur arraignment at noon on Christmas Day as armed police escorted the two alleged hijackers for their appearance in court.A former soldier, who was responsible for news dissemination by AFM in his time, Ivan M ...

In Britain and other countries like Australia and Canada, the day after Christmas is a secular national holiday known as Boxing Day. Here's a brief look at some theories about how the holiday got its name and how people celebrate it:NO NEED FOR BOXING GLOVESWhile no one seems to know ...

The traditional post-Christmas sales started today, with many establishments slashing their prices by 50% or more. The sales are an opportunity not only for purchasing belated Christmas gifts but also for snatching a bargain on clothes, electronics, houseware and other items. Activity is particularly high in Valletta, Sliema, Mosta, Hamrun ...

Assassin’s Creed, based on the very popular video game franchise made ample use of Maltese locations. With Michael Fassbender in the lead, most of the action took place on Impressive set pieces built by Maltese craftsmen within Fort Ricasoli and Fort Manoel. Other locations used included St Dominic’s Basilica in ...

The Malta Hotel and Restaurants Association (MHRA) was surprised to learn from the media that Air Malta are pulling out of the Manchester Route as of April 2017 given that only two days prior to this news, the Malta Council for Economic and Social Development (MCESD) had a meeting specifically on the topic ...

The Maltese Bureau of Air Accident Investigation (BAAI), established under Maltese law for the investigation of air accidents and incidents, has signed a Memorandum of Understanding with the Air Accidents Investigation Branch (AAIB), Department for Transport, United Kingdom.The purpose of this MOU is for both countries to cooperate in relation ...

President Marie Louise Coleiro Preca said that the right to freedom of expression should not entitle people to break the fundamental rights of another person, namely the right to a family life and the right to privacy. This, she said, is what is happening and making the medium problematic. ...